Railtime Dawn has successfully finalized its Pre-A1 round of equity financing, drawing participation from a consortium of esteemed institutions, notably HaiSong Capital, CSC Capital, and Cathay Capital. On the debt financing front, the company has forged strategic credit agreements or secured credit intention letters with a cohort of 12 financial entities, including prominent names such as Bank of China and Agricultural Bank of China, collectively amounting to a substantial credit line of 57.7 billion yuan. The proceeds from this financing endeavor will be strategically allocated towards advancing core technology research and development, enhancing the iteration of space-based computing platforms, fostering the innovation of key components, and propelling the subsequent construction of satellite constellations alongside market expansion initiatives. Railtime Dawn's fundamental objective revolves around deploying computing satellites in the Earth's dawn-dusk orbit, thereby establishing a cutting-edge space-based data center.